Iot Testing Market To Reach $30.4 Billion, Globally, By 2032 At 32.6% Cagr: Allied Market Research

The global IoT testing market is expected to generate a revenue of $30.4 billion by 2032, witnessing a CAGR of 32.6% from 2023 to 2032. The growth of the market is attributed to the rise in importance of DevOps, an increase in demand for IP testing of IoT devices, and the increased deployment of microservices. However, scalability of the IoT system and applications is expected to hamper market growth.